A new concession contract with Pepsi and other changes promises to give fans at New Orleans Hornets games additional choices, while a new agreement with the arena's management company, SMG and Centerplate, will mean lower prices on a number of items, the team announced Tuesday.

The price of a 16-ounce draft beer will drop from $8 to $6, the team said, in concert with the team's Friday Night 12-game packages. Enhanced pregame parties and live music will be presented at Champions Square on those nights.

There will also be a 25-cent price cut on water, as well as reductions in costs of hot dogs and chicken wings, while prices have been frozen on nachos and chicken tenders.

Fans will also receive increased selection quality and points of purchase for buying Hornets merchandise, according to a team release.

Pepsi will serve as the official soft drink of the Hornets and New Orleans Arena, while other Pepsi products such as Mountain Dew and Slice will be available.

Evamore, a locally owned and and operated company, will now be the official water of the Hornets and the Arena. The water, bottled at the source, comes from Covington, La.